Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland (FOB) - 2023
  2. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland (CIF) - 2023
  3. Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland
  4. Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland (FOB) - 2023

In October 2023, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $1,666 per ton, reducing by -13.4% against the previous month. In general, the export price recorded a slight curtailment. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 30% against the previous month. As a result, the export price attained the peak level of $2,241 per ton. From May 2023 to October 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Japan ($6,836 per ton), while the average price for exports to Cote d'Ivoire ($933 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland (CIF) - 2023

In August 2023, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,953 per ton, growing by 8.9% against the previous month. Over the period under review, import price indicated buoyant growth from August 2022 to August 2023: its price increased at an average monthly rate of +5.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for offal, edible; of bovine animals, (other than tongues and livers), frozens increased by +13.7% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 21% against the previous month. The import price peaked in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($4,910 per ton), while the price for Austria ($592 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland

In 2022, after three years of growth, there was significant decline in shipments abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -8.1% to 20K tons. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens shrank slightly to $40M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, the exports reached the peak of $40M, leveling off in the following year.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.12.24.85.336.2%
Ukraine0.72.73.35.092.6%
Netherlands2.63.04.14.116.4%
Germany6.34.93.34.1-13.3%
Ireland1.10.53.83.445.7%
Japan1.91.22.33.117.7%
Spain4.43.21.92.5-17.2%
Ghana0.72.03.22.246.5%
Romania0.10.30.21.8162.1%
Cote d'Ivoire0.61.21.51.638.7%
Hong Kong SAR4.26.25.21.1-36.0%
Italy0.50.80.80.711.9%
Sierra LeoneN/A0.50.40.69.5%
Others10.07.75.64.7-22.3%
Total35.236.240.440.14.4%

Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Poland in 2022:

  1. Ukraine (4.0K tons)
  2. Ghana (2.3K tons)
  3. Cote d'Ivoire (2.0K tons)
  4. Netherlands (1.9K tons)
  5. Germany (1.7K tons)
  6. United Kingdom (1.5K tons)
  7. Ireland (0.9K tons)
  8. Sierra Leone (0.6K tons)
  9. Hong Kong SAR (0.6K tons)
  10. Romania (0.5K tons)
  11. Spain (0.5K tons)
  12. Japan (0.5K tons)
  13. Italy (0.3K tons)

Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland

In 2022, approx. 6.8K tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were imported into Poland; picking up by 12% on the year before. Overall, imports, however, continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year. As a result, imports attained the peak of 9.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens rose sharply to $14M in 2022. Over the period under review, imports, however, recorded a perceptible slump.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.02.02.75.778.6%
France0.30.21.83.1117.8%
Ireland2.53.82.31.6-13.8%
ItalyN/A0.41.11.165.8%
Lithuania1.00.60.80.9-3.5%
Netherlands3.43.72.20.3-55.5%
BrazilN/AN/AN/A0.20%
United Kingdom6.44.60.60.2-68.5%
SpainN/AN/A0.20.1-50.0%
Others0.50.80.40.711.9%
Total15.116.212.214.0-2.5%

Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Poland in 2022:

  1. Germany (2571.8 tons)
  2. France (1617.4 tons)
  3. Ireland (839.2 tons)
  4. Lithuania (567.7 tons)
  5. Italy (398.2 tons)
  6. Brazil (158.1 tons)
  7. Spain (136.6 tons)
  8. Netherlands (116.4 tons)
  9. United Kingdom (115.9 tons)

Source: IndexBox Market Intelligence Platform

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